The importance of the inventory system in the company
This work was done in order to cover different topics and relate them to each other in their own investigation reflected with deducting and learning these different issues which are very important for the matter of production administration.
This research added the issues of inventory systems that include various knowledge based on the administration, there was also talk of how an inventory system can favor and facilitate the operation of a warehouse where the different articles and merchandise of a merchandise of acompany and improving their space and their organization.
Developing
Inventory systems
The different inventory systems are systems that allow establishing the amount of merchandise existing and so to be able to give it a favorable cost of the merchandise sold. The company maintains an inventory record of each type of articula that is in this way the company keeps aware of each existing article, based on this the company can give a determination of the cost of what is in the inventoryFinal and the cost of goods sold.
Inventory systems are essential for a company or any business type since in addition to being able to expedite the movement or transfer of merchandise and have the knowledge of the exact amount, it could also be used as a method of warning or damage, a systemInventory it helps you guarantee that the merchandise you have or sends is complete and even in good condition.
Independent Demand Inventory
There are different types of inventories used in companies to optimize the use and control of their merchandise to establish and maintain a concrete and concise order that serves as support for the company in the way of controlling its items, but one of the most inventoriescommon is that of independent demand.
This type of inventory is one of the simplest since it can be achieved to apply in any establishment. It is called independent inventory since it is demanded from external sources of a company as it is in the case of merchandise required an external client in addition to the reason for the inventory is not directly subject to the company. Independent inventories generally have what are the inventories of final products, bone those items that are already finished and that are ready to be sold or acquired to a customer.
Inventory classification A, B, C.
The inventory classification A, B, C, is a technique to give knowledge or reference of articles located in the warehouse according to their level of importance in three categories. Category A: represents a value level of 80 percent, category B: represents a level of value of the inventory at 15 percent, and category B: represents only the 5 percent of the inventory value.
This technique consists in applying a Pareto or 80/20 rule principle that is when 80 percent of the consequences are derived from 20 percent of the causes. This applies in the field of the warehouse to be able to classify the inventory depending on its importance, although different criteria can also be used depending on the company and according to their work standards and types of goods that they handle, for example those of category A asThey have a higher inventory value, they must be located in an correct and well optimized area or area to serve as a protection for products in category A, and category B merchandise can be located a decent but not so optimized area, not so optimized,and those of category C which have less value can be located a poorly optimized area located in the warehouse in a system to improve space use.
This classification is very important for a company since it promotes for the knowledge of the value of stored products in order to avoid economic losses and to be able to give it importance of the care of the most important articles since the company should be more investigated in the care ofThese items giving them optimal and safe places using space improvement systems to confront a loss of some of their products with greater value since they could cause much more significant lost for the company and thus with the help of the combination of an inventory system andInventory classification control A, B, C, would put the company at a more outstanding level about others.
Advantages and benefits of the use of inventory systems
An inventory control is a good tool since it facilitates the order of the items or the merchandise of a company, it also helps optimize the storage space with the support of an inventory control, in addition to that it favors in a virtuous way it is a greatHelp to know the type of articles that are used.
Another advantages is to boost the growth of support and profitability, when a company relies on the benefits of having an inventory system is able to maintain control of its articles and avoid having problems caused by the company itself, for example situations ofmerchandise out of stock, availability is unknown articles, inaccutories and lack of control and integration into the warehouse.
One of the greatest benefits is to raise the level to the customer service, this helps the company to be recommended among customers also that also improves the effective flow of the company, you can also locate the files of slow movement or stagnant loas which would beThose who are more stored and also helps recognize robberies or losses that cause some type of monetary loss for the company.
conclusion
Inventory systems are very helpless for a company either by the different factors mentioned above, but it is also importantVery considerable level, in addition to saving many expenses, it is important to know or have an idea of these systems to know how they were created is basically essential for an organization in a warehouse is quite important. If a company is experiencing a problem with its merchandise, inventory systems could intervene and support for the solution of these types of problems that could be found in any company, but the important thing is not the problem at not at the level of capacity thatA company has to face any type of problem and to prosper effectively and considerablely causing and achieve more experience which could be used more in the future.
When you rely on an inventory system it is possible.
Bibliography
- Castro, j. (n.d.). Benefits of an inventory control system: infographic. Retrieved from https: // blog.Corponet.com.mx/benefits-un-system-of-control-of-inventories-infographics.
- Torres, k. (2014, September 1). Inventories with independent demand. Retrieved from https: // prezi.com/ystx_fxgw3o5/inventories-with-demanda-independent/
- Adolfo, a. Inventory control systems. (n.d.). Retrieved from https: // www.Ecured.Cu/Systems_control_de_inventarios.
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